ZMQ2020 trade ideas
May Soybean Meal Bearish GartleyA possible bear gartley for May Soybean. Above the 20 day moving average. Next target R1 at 313.7
Long ZM at 310Entry: 310
Stop loss: 305
Target: 320
1/19: move stops to 311
ZM bounced at strong support/multiple bottoms
SOYBEAN MEAL FUTURES (MAR 2019), 1D, CBOTTrading Signal
Short Position (EP) : 319.4
Stop Loss (SL) : 320.3
Take Profit (TP) : 317.6
Description
ZMH2019 formed Turtle Soup at 1d time frame. Trade setup with Sell Stop at 0.382 Level (319.4) and place stop after 0.618 level (320.3). Once the position was hit, place take profit before an agreement (317.6)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.10 = +-$ 10/std-contract
Commission fee = -$5.64/std-contract
EP to SL = $0.9 = -$90
Contract size to open = 30 standard contracts
EP to TP = $1.8 = +$180
Expected Result
Commission Fee = -$169.2
Loss = -$2,700
Gain = +$5,400
Risk/Reward Ratio = 1.88
January Soybean Meal Channel and Head and ShouldersMeal is setting up for a H&S drop. Neckline comes in at S1 at 304.3. If the bears can force it through the neckline and stay below S2 that would be next target at 298.6. Minimal drop would be last shoulder which would take us to just above S3 at 289.3. RSI isn't all that great for a drop, but we will see. There is also a contentious bull flag here so one or the other has to give. If upside produces itself we would be targeting outside of channel at R1 328.6
Buy Soybean Meal after a small pullbackAccording to Larry Williams if we make a higher low we can be buyers here - targets are 330-335
SOYBEAN MEAL FUTURES, 1D, CBOTTrading Signal
Short Position (EP) : 330.6
Stop Loss (SL) : 335.4
Take Profit (TP) : 311.3, 0
Description
ZM formed Double Repo Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (330.6) and place stop after 0.618 level (335.4). Once the position was hit, place take profit before an agreement (311.3) and 0
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.10 = +-$ 10 (Standard)
Commission fee = -$2.82/contract (Standard)
EP to SL = $4.8 = -$480/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $19.3 = +$1930 (STD)
EP to TP#2 = $0 = +$0 (STD)
Expected Result
Commission Fee = -$16.92
Loss = -$1440
Gain = +$5,790
Risk/Reward Ratio = 3.97
SOYBEAN MEAL WAVE 3 OF 5Key level = 336.1
Focus to the downside for wave 3 of 5.
key level must hold for this 1-2-1-2 setup.
SOYBEAN MEAL WAVE 3KEY LEVEL = 336.1
And so it begin, wave 3 that we all waiting for.
The attention is now focus to the downside.
For this wave 3 idea, the price shouldn't and have no business to go beyond our key level.
1D Rectangle. Scalping.Soybean Meal is trading sideways inside a 1D Rectangle (325 - 341) since late June (RSI = 46.257, CCI = -35.7793, Highs/Lows = 0.0000, Ultimate Oscillator = 49.818). Our optimal strategy involves scalping within 326.60 - 338.10.
SOYBEAN MEALKEY LEVEL = 341.5
Im working on 1-2 wave setup for ZM,
Expecting a declining in price to complete wave 5
Soybean Meal Potential Upward MoveWheat is showing the way for a possible up move for SM. FIrst upside target is breaking through 335, then pivot at 344.2. We will be coming to the end of pivots soon replaced with new ones, but pivot will be lower along with R1 and R2.
WAVE 4 MATURE ENOUGH?Its already been one month since ZM in correction mode.
Maybe its time to wake up??
Expecting wave 4 will end soon in near future
Hai ZM! my new best friend :D
I will follow you rapat rapat!
Soy Crush Spread at its EXTREMEKeep an eye on this extraordinary extreme in the soy crush spread. This spread includes 3 futures: soybeans, soybean oil and soybean meal and to be exactly now it is time to sell this spread!
What do you need to do to sell this spread?
To sell this spread you have to make 3 transactions:
BUY 1 soybeans contract
SELL 1 soybean oil contract
SELL 1 soybean meal contract
Why do I see numbers in front of the chart symbols?
You can see different numbers in front of the contracts like "2.2*ZM1!+11*ZL1!-ZS1!" because of the different multipliers in the futures contracts.
Of course, you also make this trade with CFDs, in this particular case you need to have positions sizes with a similar nominal value
Soybean Meal Future DEC18 (1d)Trading Signal
Long Position (EP) : 328.3
Stop Loss (SL) : 325.4
Take Profit (TP) : 338, 344.6
Description
AGR formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (328.3) and place stop after 0.618 level (325.4). Once the position was hit, place take profit before an agreement (338) and 344.6
Money Management
Money in portfolio : $133000
Risk Management (1%) : $1330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$1.67/contract (Standard)
EP to SL = $2.9 = -$290/contract (STD)
Contract size to open = 5 standard contracts
EP to TP#1 = $9.7 = +$970 (STD)
EP to TP#2 = $16.3 = +$1630 (STD)
Expected Result
Commission Fee = -$16.7
Loss = -$1450
Gain#1 = +$2910
Gain#2 = +$3260
Total Gain = +$6170
Risk/Reward Ratio = 4.21
Short the Soy CrushThis very interesting soybean crush spread is very close to its extremes and we think it is a good idea to short this spread. To do this, you need to buy 1 contract in soybean meal, 1 contract in soybean oil and buy 1 contract of soybeans. Our target is the level of 130 and we are willing to sell one more spread at the level of 180.
